SPDR Doubleline Total Return Tactical ETF (NYSEARCA:TOTL) Reaches New 1-Year Low – What’s Next?

SPDR Doubleline Total Return Tactical ETF (NYSEARCA:TOTL) shares reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as $37.99 and last traded at $38.07, with a volume of 832281 shares traded. The stock had previously closed at $38.12.

SPDR Doubleline Total Return Tactical ETF Stock Down 0.2%

The company has a fifty day moving average of $38.74 and a 200-day moving average of $39.31.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Pinnacle Wealth Management Advisory Group LLC raised its holdings in SPDR Doubleline Total Return Tactical ETF by 6.9% in the 2nd quarter. Pinnacle Wealth Management Advisory Group LLC now owns 360,810 shares of the company’s stock valued at $14,241,000 after acquiring an additional 23,147 shares during the last quarter. Pointe Capital Management LLC increased its holdings in shares of SPDR Doubleline Total Return Tactical ETF by 8.7% during the 2nd quarter. Pointe Capital Management LLC now owns 39,926 shares of the company’s stock worth $1,576,000 after buying an additional 3,191 shares during the last quarter. Principia Wealth Advisory LLC increased its holdings in shares of SPDR Doubleline Total Return Tactical ETF by 17.2% during the 2nd quarter. Principia Wealth Advisory LLC now owns 52,765 shares of the company’s stock worth $2,083,000 after buying an additional 7,750 shares during the last quarter. Strategic Investment Advisors MI increased its holdings in shares of SPDR Doubleline Total Return Tactical ETF by 184.2% during the 1st quarter. Strategic Investment Advisors MI now owns 15,701 shares of the company’s stock worth $624,000 after buying an additional 10,177 shares during the last quarter. Finally, Arkadios Wealth Advisors raised its position in shares of SPDR Doubleline Total Return Tactical ETF by 2.1% during the 1st quarter. Arkadios Wealth Advisors now owns 18,184 shares of the company’s stock valued at $722,000 after buying an additional 373 shares during the period.

SPDR Doubleline Total Return Tactical ETF Company Profile

The SPDR DoubleLine Total Return Tactical ETF (TOTL) is an exchange-traded fund that is based on the Bloomberg U.S. Aggregate Bond index. The fund is an actively managed, long-only bond fund that invests in a wide array of fixed income instruments of any maturity and credit quality. TOTL was launched on Feb 23, 2015 and is managed by State Street.